Dubai Hotel Revenue during 2024 increases 5% to 18.1 billion dirhams

The revenues recorded by the hotel rooms in Dubai exceeded the barrier of 18.1 billion dirhams, during the past year, 2024, compared to 17.3 billion dirhams in 2023, with a growth rate of about 5%, according to data issued by the Department of Economy and Tourism in Dubai, “Emirates Today” obtained On a copy of it.

The revenues were calculated based on the number of hotel rooms occupied at the end of the comparison period, in the average return on one room sold, on a daily basis, and the rise in the returns of hotel establishments operating in Dubai is attributed to the average rate of return on the room, as well as the significant growth in the size of the hotel market.

According to the data of the Department of Economy and Tourism, the number of hotel nights reserved during the year 2024 increased by 3%, to 43.03 million nights, compared to 41.70 million nights during the previous year, while the rate of return on the available room increased by about 1.5% to record 421 dirhams comparison With 415 dirhams.

Dubai has achieved a new achievement during the year 2024, as it received more than 18.72 million international visitors, an increase of 9% compared to 2023, in which it hosted 17.15 million visitors, to continue to set records every year.

The number of hotel rooms available in Dubai, at the end of last December, was 154.016 rooms in 832 facilities, compared to 150,291 hotel rooms in 821 facilities in 2023.

In turn, hospitality indicators maintained its high performance during the year 2024, as the average hotel occupancy rate in Dubai increased to 78.2%, compared to 77.4% for the similar period of 2023, while the daily price rate was reflected 538 dirhams, slightly above 2023, which recorded 536 dirhams.

• The number of hotel rooms available in Dubai, at the end of December 2024, reached 154 thousand and 16 rooms.